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June 15, 2011Doug Laub's presentation from America’s Sustainable Future: How U.S. Cities Are Making Energy Work, an invitational conference of public-private partnership efforts from U.S. cities pursuing innovative energy management and smart grid initiatives. The assembled leaders in industry, research and policy-making will explore the diverse energy strategies emerging in Philadelphia and across the United States. “We’re really looking forward to both learning from the great examples set by other cities represented in the conference, and showing off the groundbreaking work happening right here in Philadelphia,” says Laurie Actman, Viridity Energy’s director of strategic partnerships and public policy.“With smart ideas and smart policy, we should be able to build support for smart grid projects and microgrids at the federal, state and local level.”"Energy technology is changing at such a rapid pace, it's crucial to examine who's doing it right in smart grid and microgrid projects all around the country," says Eugenie Birch, Penn IUR co-director. "With the right policy moves—which we'll be exploring at the conference—Philadelphia can be a national leader in energy innovation," noted Susan Wachter, Penn IUR co-director.
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AMERICA’S SUSTAINABLE FUTUREJune 15, 2011
Penn Institute for Urban ResearchDouglas G. Laub
www.LivingCityBlock.org 2
WHAT WE DO
We work as an implementation partner to transform existing urban communities into:
hyper-resource efficient, economically sustainable, socially and culturally
thriving urban neighborhoods.
www.LivingCityBlock.org 3
OPPORTUNITYBy addressing the challenges as a system, we
can build
by moving forward with the same work at once.
Effective Regeneration
of Cities
www.LivingCityBlock.org 4
NEW CONSTRUCTION and LARGE BUILDINGS
This level of work is being achieved in ground-up construction and large buildings.
Our challenge is to achieve the same thing, or better, in existing small to medium sized buildings.
www.LivingCityBlock.org 5
95% of U.S. commercial building owners own small to mid-sized commercial buildings
45% of all commercial sq footage Consuming 44% of annual commercial building energy use
www.LivingCityBlock.org 6
LODO BLOCK MAP
www.LivingCityBlock.org 7
LC DENVER LODO BLOCK PROFILE•16 buildings with over 700,000 sq ft (including
underground parking)
•Almost all historic, in a designated landmark area
•Mixed use – residential, commercial, and retail with 7 restaurants
www.LivingCityBlock.org 8
AGGREGATION MODEL
Old Fashioned Aggregation Combined with New Thinking and Models
Solar Leasing Models ESCOs
Other Special Districts
Business Improvement Districts (BIDs)
Business Associations
HOAs
Aggregated Block “Building Owners Association”
PPAs
WHAT WE ARE GOING TO DOLiving City Denver LoDo Near-Term Goals
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• ENERGY and RESOURCES:• 50% reduction by by 2012, 75% by 2014, • At-least two net-zero buildings by 2016
• MOBILITY:• Vehicle miles traveled reduced by 50% in 2016
• COMMUNITY:• Increase in resident well-being and satisfaction,• Lower obesity rates, Increased community
involvement, variety of housing choices
• LOCAL ECONOMIC DEVELOPMENT:• Significant increases in property value,
Economic Efficiency and Right Retail.
www.LivingCityBlock.org 10
HOW WE ARE GOING TO DO IT
An Integrated Approach with Multiple Benefits.
• Prove the business/finance case
• Prove the economic development case
• Prove the livable communities case
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Launched from Community Innovation Workshop•Energy Efficiency and Renewable Energy
•Finance and Strategy
•Material Flows and Waste
•Water and Infrastructure
•Marketing and Outreach
•Livable Communities
•Mobility Integration
Each group is a mix of LCB staff, outside experts, and neighborhood representatives
DENVER WORKING GROUPS
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LCB DENVER: PHASE I 2012
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PHASE 2: 2014
www.LivingCityBlock.org 14
PHASE 3: 2016
www.LivingCityBlock.org 15
FINANCE-GOVERNANCE MODELING
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FINANCE MODELING LC DENVER LODOTraditional Approach – Capital Stack
Tax Credits
Equity
Sub Debt
$3,500,000
Private (15-20% IRR), Social Equity (10-15% IRR)
Capitalized cash flow from EE savings, ($300,000/yr)
GEO Fund
CRA, Bonds, QECBs
e.g. Energy Policy Act 2007 ($1.00/sqft ee)
$2,000,000
$650,000
$2,000,000
$1,500,000
Rebates
$2,000,000
$3,500,000GAP IN FUNDINGAdditional funding needed for Project
Public
Historic, Affordable Housing, After Market, etc.
Debt
17www.LivingCityBlock.org
National Partners
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NGOs and Specialty Partners
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Local and State Partners
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OUR FRAMEWORKBring together the work in multiple locations to create
Living City BlockFramework
Denver D.C.
Brooklyn Other Locations
A replicable, exportable, scalable, and economically viable framework for the resource-efficient regeneration of existing cities.
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LIVING CITY D.C. 14TH & U
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LIVING CITY BROOKLYN GOWANUS CANAL
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OTHER LCB’s IN CONSIDERATION
Boston Seattle
Fort Collins Durham
Indianapolis
www.LivingCityBlock.org 24
LIVING CITY SANTA MARTA, COLOMBIA
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EVALUATION OF NEW LIVING CITY BLOCKSPre-work and identification phase• Strong potential local partners and city champions
• Potential academic partners
• Electric, gas, and water utilities engaged
• Opportunities in different physical neighborhoods
Phase I• Scouting locations, securing local partners, ID local funding
Phase II• Lock in location as well as utility/academic partners
Phase III• Baselining and Community Involvement Workshop
Phase IV• Kick off official Year 1 with secure funding
• Hire key staff and open local office
www.LivingCityBlock.org 26
LCB’s KEY DIFFERENTIATORS
•Small to medium-sized commercial buildings
•Aggregation model: the power of multiple buildings
•Whole-system approach to building Livable Communities
•Finance modeling from Day 1
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VISION AND MISSION
Regenerative and resilient cities that are culturally thriving, energy and resource hyper-
efficient, and economically sustainable.
To create a replicable, exportable, scalable, and economically viable framework for the resource-
efficient regeneration of existing cities.
REPLICABLE
EXPORTABLESCALABLE
FRAMEWORKCITIES
RESILIENT
EFFICIENT
COLLABORATIONINTEGRATION
VIBRANT
COMMUNITY
